Medical Underwriter Sr

Elevance Health • Wallingford, IN

6d • Hybrid

About The Position

Medical Underwriter Sr Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Medical Underwriter Sr is responsible for determining acceptability of medically underwritten risks for more complex cases. How you will make an impact: Calculates appropriate group/individual premium rates for new business and renewal in accordance with Corporate Underwriting Guidelines and federal and state statutes.

Requirements

• Requires a BA/BS in a related field
• Minimum 3 years of related experience
• or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

• CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.

Responsibilities

• Calculates appropriate group/individual premium rates for new business and renewal in accordance with Corporate Underwriting Guidelines and federal and state statutes.
• Proposes new business rates for complex cases ensuring rating compliance, utilizing a combination of medical applications, additional medical information, and manual rates.
• Calculates renewal rates for complex cases utilizing a thorough analysis of medical experience, location, demographic nature, etc.
• Evaluates medical information in order to assign appropriate underwriting decision.
• Monitors and review rating compliance reporting with actuaries for assigned business.
• Analyzes and responds to written and verbal underwriting inquiries.
• Participates in and may lead special underwriting projects.
• Interacts frequently with brokers and sales, administration and actuarial areas.

Benefits

• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees